259 & 261 CALLE DE SAN SEBASTIAN San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Duplex
Status: Active
12
Rooms
Baths
$5,500,000
Sale
Income-producing multifamily property located in Old San Juan on Calle San Sebastián. This 10-unit building offers a combination of historic character, income potential, and a central location within one of Puerto Rico’s most visited areas. The property includes a mix of 4 loft-style units typical of Old San Juan, 2 two-bedroom/one-bath units, and 6 studio units, providing flexibility for various rental strategies. Property features Atlantic Ocean views, partial views of El Morro, and visibility of cruise ships entering San Juan Bay. The property has been approved by the Institute of Culture for a property tax exemption currently in place. It has also been inspected by the Puerto Rico Tourism Company and meets requirements for tourism-related incentives. Buyers are advised to independently verify all incentives, benefits, and transferability. Located near restaurants, attractions, and cultural sites. Suitable for investors interested in income generation, short-term rental operations, or alternative use concepts consistent with local regulations. Multi-unit properties in Old San Juan are limited in availability.
Address: 259 & 261 CALLE DE SAN SEBASTIAN San Juan, Puerto Rico 00901

Additional Details

Interior

Total Bedrooms
12
Laundry
Common Area, Corridor Access, Electric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Other, Upper Level, Washer Hookup
Flooring
Granite, Marble, Other
Appliances
Built-In Oven, Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water, Washer, Water Filtration System, Water Purifier, Water Softener, Whole House R.O. System
Other Interior Features
Ceiling Fans(s), High Ceilings, Sauna, Smart Home, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Construction Materials
Block, Brick, Concrete
Parking
On Street
Heating
Other
Cooling
Mini-Split Unit(s)
Security Features
Fire Alarm, Smoke Detector(s)
Other Exterior Features
Balcony, Courtyard, French Doors, Garden, Outdoor Kitchen, Outdoor Shower, Private Entrance, Sauna, Storage

General

Days on Market
6
Spa
Yes

Area and Lot

Lot Size in Acres
0.12
Utilities
BB/HS Internet Available, Electricity Available, Electricity Connected, Emergency Power, Fire Hydrant, Water - Multiple Meters, Water Available, Water Connected
View
City, Garden, Water

Financial

Annual Tax
$0
HOA Fees
$0

Location

From Luis Muñoz Marín International Airport, take PR-26 toward San Juan. Follow signs to Old San Juan and cross into the historic district. Enter through Calle San Justo, continue to Calle San Sebastián, and proceed to the property location. Street parking is available nearby, with public parking garages close by.

Interested in this property? Get in touch

Samantha Telvi Carlo

License: #26090
OU7 509 Country Club
Carolina Puerto Rico, 00982

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